Trane Technologies (Germany) Statistic Functions Time Series Forecast

2IS Stock  EUR 366.80  3.90  1.05%   
Trane Technologies statistic functions tool provides the execution environment for running the Time Series Forecast function and other technical functions against Trane Technologies. Trane Technologies value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Time Series Forecast function function is designed to identify and follow existing trends. Trane Technologies statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was five with a total number of output elements of fifty-six. The Time Series Forecast uses simple linear regression to derive Trane Technologies plc best fit line over a given time period and plot it forward over user-defined time period.

Trane Technologies Technical Analysis Modules

Most technical analysis of Trane Technologies help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Trane from various momentum indicators to cycle indicators. When you analyze Trane charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Trane Technologies Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trane Technologies plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Trane Technologies plc based on widely used predictive technical indicators. In general, we focus on analyzing Trane Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Trane Technologies's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Trane Technologies's intrinsic value. In addition to deriving basic predictive indicators for Trane Technologies, we also check how macroeconomic factors affect Trane Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
369.13370.70372.27
Details
Intrinsic
Valuation
LowRealHigh
368.01369.58371.15
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Fundamental Analysis Now

   

Fundamental Analysis

View fundamental data based on most recent published financial statements
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
USD Crypto Fund Idea
USD Crypto Fund
Invested less than 1 share
Macroaxis Index Idea
Macroaxis Index
Invested over 10K shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
FinTech Idea
FinTech
Invested over 40 shares

Additional Information and Resources on Investing in Trane Stock

When determining whether Trane Technologies plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Trane Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trane Technologies Plc Stock. Highlighted below are key reports to facilitate an investment decision about Trane Technologies Plc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Trane Technologies plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Please note, there is a significant difference between Trane Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trane Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trane Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.